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PRUDENTIAL HOME MORTGAGE CERTIFICATES 1993-41 RATED 'AAA' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, Sept. 21 /PRNewswire/ -- The Prudential Home Mortgage Securities Co., Inc.'s (PHMSC) $185.9 million mortgage pass-through certificates, series 1993-41, class A are rated "AAA" by Fitch.
 The "AAA" rating on the class A senior certificates reflects the credit enhancement provided by the 7.0 percent subordinate class B certificates. Fitch believes this level of credit enhancement will be sufficient to cover credit losses, including limited bankruptcy, fraud, and special hazard losses. The rating also reflects the high quality of the underlying collateral, the integrity of the legal and financial structures and the servicing capabilities of The Prudential Home Mortgage Co., Inc. (PHMC).
 The mortgage pool consists of conventional, fixed-rate, balloon payment, five- and seven-year mortgage loans (35 percent and 65 percent, respectively) secured by one- to four-family residential properties located primarily in California.
 Because a refinancing risk exists at maturity for balloon payment mortgage loans, Fitch assumes a higher level of defaults. However, the increased potential for defaults and losses is somewhat mitigated by the relatively low weighted average original loan-to-value ratio (LTV) of approximately 70 percent, as well as the fact that all of the loans are secured by owner-occupied properties. In addition, the pool contains approximately 32 percent alternative documentation loans and 20 percent cash-out refinance loans.
 The mortgage loans were originated or acquired by PHMC, and in turn sold to PHMSC. PHMSC, a special purpose corporation, deposited the loans into the trust, which then issued the certificates. PHMC will act as servicer for the pool. For federal income tax purposes, two real estate mortgage investment conduit elections will be made with respect to the trust fund.
 -0- 9/21/93
 /CONTACT: Kenneth E. Higgins, 212-908-0670, or Suzanne L. Michaud, 212-908-0604, both of Fitch/


CO: Prudential Home Mortgage Securities Co., Inc. ST: IN: INS SU: RTG

TS -- NY075 -- 4289 09/21/93 15:24 EDT
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Date:Sep 21, 1993
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